Blue Sky announces KPMG asset valuation | Finance News Network

Blue Sky announces KPMG asset valuation

Company News

by Anna Napoli

Fund manager, Blue Sky Alternative Investments (ASX:BLA) has announced that KPMG is currently conducting an independent valuation of all assets managed by Blue Sky.

The valuation is part of the comprehensive valuation review process announced in April.

Blue Sky has confirmed that its currently reviewing its businesses to ensure each ahs scale, is of institutional grade and has competitive advantage.

The company’s shares have been hit hard after US short-seller Glaucas announced it was shorting the company earlier this year.

Shares in Blue Sky Alternative Investments (ASX:BLA) are trading trading 0.87 per cent higher a $2.33.

 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.